Update on "Emergency Fund"

As I've written before we don't have an "emergency fund" as such, but we do have plenty of savings outside of superannuation (i.e. retirement accounts). Today the total is around $A215k. At current rates of spending and an 8.5% investment return (10% return - 15% tax) we could survive 4 years without working. By cutting spending down to $A4,000 a month (i.e. double our rent of $A1,998) another year is possible. But if we hit a period like the GFC we'd last much less time. So 3-5 years is probably a good estimate. With just one of us working in a good job or both of us on minimum wage jobs we can live indefinitely.